- Imports of tyres have picked up in line with increased shipments of second-hand vehicles, which often require their tyres to be replaced shortly after entry into the country.
- The global lender says low-income workers should be spared the two levies amid an outcry from a large section of the population that feels burdened by new taxes.
- At Sh4.66 billion, the figure is only dwarfed by the Sh6.99 billion that KQ booked as revenue in the year ended December 2019 before falling to Sh4 billion in 2020.
- Denying the discrimination, the company urged that it had many female employees whose pregnancies are routinely celebrated as was done when Ms AGW gave birth to twins.
- The first quarter net profit is equivalent of 62.5 percent of the Sh524.68 million net profit that HF posted in the financial year ended December 2024.
- Provisional data in the KNBS Economic Survey 2025 shows the volume of cargo railed via SGR last year dropped for the first time since full-year freight services started.
- The group disclosed Uganda was the fastest growing unit with its profits jumping 138 percent, while Tanzania grew 128 percent, Rwanda recorded 14 percent increase and Mauritius 13 percent.
- If successful, Mr Manga will be seeking damages for violation amounting to Sh10 million and Sh3 million for alleged profits made by the company for exploiting his image.
- The security will run for up to 15 years and covers Koko against civil strife, seizure of its land for public use and breach of contract in its Kenyan operations.
- Kenya and other developing countries, stand to benefit from the agreement, which guarantees equitable access to vaccines and other medical counter-measures.
- Fintechs operating in multiple African countries still face fragmented regulatory requirements, each one demanding separate licences, fees, and compliance regimes.
- The turning point for 2025 will depend on whether Parliament and policymakers will carefully consider meaningful proposals that have impact on the economy as a whole.
- Despite only being on the job for a little over 15 months, Ms Njau is not a stranger to Rome. She has been with the bank for nearly all her working life, mostly in managerial positions:
- The suit echoes the push by the US Federal Trade Commission (FTC) to adopt a ‘click to cancel’ rule, which requires businesses to get consumers’ consent for subscriptions, auto-renewals and free...
- The fall in revenues coincided with a marginal drop in the market dominance of Vivo Energy after its share fell to 21.34 percent compared to 22.07 percent at end of 2023, as rivals ate into its...
- Principal Magistrate Hosea Ng’ang’a, sitting at Milimani Law Courts Nairobi, directed that if the MP fails to deposit the money, a warrant of arrest would be issued against him.
- In recent years, we have witnessed financial regulators such as central banks take proactive measures to ensure that financial institutions integrate ESG into their strategies
- Research published by Microsoft in 2015 found that the average human attention span had dropped in the previous 15 years from 12 seconds at the turn of the century in 2000 to eight seconds in 2015.
- The perceived trustworthiness of AI systems has decreased over time from 63 percent of people viewing AI systems as trustworthy in 2022 to the current levels.
- The future of insurance will be shaped by how effectively companies leverage technology to improve their processes, reduce costs, and enhance customer experience.
